BRUSSELS (Reuters) -All European carmakers except Mercedes-Benz are on track to meet the European Union's 2025-2027 carbon emission targets thanks to an expected surge in sales of new electric vehicles, according to a report published on Monday. Research and campaign group Transport & Environment forecast a marked improvement from first-half sales in 2025, when only Geely-owned Volvo Cars and BMW...

MILAN (Reuters) - Stellantis ( STLA ) and Ferrari Chairman John Elkann has agreed to do a year of community service and pay a negotiated sum to settle a tax dispute over the inheritance of his grandmother, Italian prosecutors said on Monday. Elkann and his siblings Lapo and Ginevra will jointly pay 183 million euros ($214.99 million) to the tax...

12:34 PM EDT, 09/08/2025 (MT Newswires) -- PDD Holdings' ( PDD ) subsidiary Whaleco, which runs the online shopping platform Temu, will pay a $2 million penalty to settle claims that it violated the INFORM Consumers Act, a law designed to protect consumers, the US Department of Justice and the Federal Trade Commission said Monday. The complaint alleged that Temu...

Sept 8 (Reuters) - * KLARNA'S IPO 15 TIMES OVERSUBSCRIBED AHEAD OF PRICING ON TUESDAY Further company coverage: ...